Singles Day Archives - Inside Retail Asia
Alibaba’s Singles Day achieves US$1 billion in sales in 68 seconds
Alibaba’s Singles Day kicked off at minute and this year it took just 68 seconds for the first US$1 billion in turnover.
Alibaba’s Singles Day next week will be ‘grander than ever’ predicts analyst
While eye-popping sales numbers have become routine for Alibaba’s Singles Day on 11.11, Forrester senior analyst Xiaofeng Wang expects this year’s event will be “grander than ever”.
L’Oreal Asia Pacific sales soar, overtaking North America
L’Oreal Asia Pacific sales soared by a staggering 24.1 per cent on a like-for-like basis last year.
November Singapore retail sales growth flat
November Singapore retail sales were static, rising just 0.2 per cent year on year.
South Koreans spending more on Chinese online stores
South Koreans are spending more at Chinese online stores, according to credit-card spending data.
China’s slowing economy suppresses Singles Day
China’s slowing economy was the primary reason for the slowing growth of sales on Alibaba’s Singles Day on Sunday.
Predictably…Alibaba achieves record Singles Day sales
E-commerce giant sees $42 billion in transactions over 24 hour period.
Tmall and Swire Properties launch New Retail initiative
Tmall and Swire Properties are launching a New Retail initiative creating tailored retail experiences at Swire Properties’ five mainland malls.
Massive Suning profit increase reported
Chinese O2O retailer Suning has posted RMB172.97 billion (US$24.79 billion) in operating revenue in its third quarter performance report.
Massive delivery challenges ahead for Singles Day 2018
Alibaba and its partner retailers will face a massive challenge ensuring flawless delivery of millions of parcels on Singles Day 2018.
Shoe retailer Skechers global sales rise 27 per cent
Shoe retailer Skechers posted a 27 per cent increase in sales in the last quarter, powered by a 40 per cent increase in international wholesale sales.
New Retail helps drive record Alibaba sales
Continuing momentum in Alibaba Group’s ‘New Retail’ business helped drive a 56 per cent year-on-year growth in sales for the quarter to December 31.
